Democrats are seeking largest ever investment in affordable housing
The U.S. is facing its worst affordable housing crisis in generations. The heart of the problem is we just doesn't have enough homes. There's too much demand and not enough supply.
Rents Are Out Of Reach For Most Americans Earning Minimum Wage, A Study Says
Workers simply don't earn enough money to keep up with skyrocketing rental rates across the country, the National Low Income Housing Coalition found in its latest Out of Reach report.
Los Angeles Launches $103 Million Program To Offer Relief To Renters
LA City Council President Nury Martinez says the city's new program will provide subsidies of up to $2,000 to some 50,000 families. More than 100,000 people applied the first day.
From Jobs To Homeownership, Protests Put Spotlight On Racial Economic Divide
African Americans are 40% less likely to own their homes than whites. And blacks are more likely to hold jobs that put them at risk of the coronavirus. The civil unrest follows decades of inequality.
Author Says 'Mixed Solutions Can Feel Like A Cop-Out' But May Solve Housing Inequity
Journalist Conor Dougherty doesn't traffic radical ideas in Golden Gates, but tells the story of housing in all its complexity, acknowledging that imperfect solutions are often the only solutions.
Apple Pledges $2.5 Billion To Combat California's Housing Crisis
The plan includes $1 billion for a mortgage assistance fund for first-time homebuyers in the state, and $1 billion for an open line of credit to develop "very low- to moderate-income housing."
Tiny Homes For Homeless Get The Go-Ahead In The Wake of California's Worst Wildfire
California's deadliest wildfire worsened an already bad housing crisis in rural Butte County. But the fire has jump-started a local effort to build a tiny home community for area homeless.
Microsoft Pledges $500 Million Investment To Tackle Affordable Housing Crisis
Most of the money will help preserve and build new homes for low and middle-income residents. A smaller portion will go toward homeless services and programs to keep people from being evicted.
Supreme Court Revisits 2008's Housing Collapse With Banking Test Cases
Miami claims bank foreclosures in 2008 targeted black and Latino homeowners. When they defaulted, property values fell, which meant a drop in taxes. The city wants the right to sue the banks.